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FinTech Regulation and Innovation
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Overview
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Lawmakers propose bills for regulating BNPL and EWA industries, emphasizing a balance between innovation and consumer protection. Rep. French Hill advocates for a balance between innovation and consumer protection, highlighting the evolution of the FinTech ecosystem. Griffin criticizes SEC scrutiny of the basis trade, defending its liquidity benefits and expressing concerns about market-making risks.
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How can regulators strike a balance between promoting innovation and ensuring consumer protection in the FinTech sector?
How might the proposed bills impact the BNPL and EWA industries?
What are the potential implications of the scrutiny faced by the SEC regarding the basis trade?
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